Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $3,399 per ton, which is down by -19% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -21.1% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 72%. Over the period under review, average import prices hit record highs at $4,673 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($13,425 per ton), while the price for Saudi Arabia ($719 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $28,080 per ton in 2022, jumping by 133% against the previous year. Overall, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($103,865 per ton), while the average price for exports to Qatar ($2,160 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+659.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan
In 2022, overseas purchases of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -10.5% to 119 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports reached the peak of 133 tons, and then contracted in the following year.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels contracted significantly to $404K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 90%.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 79.7 | 148 | 101 | 175 | 30.0% |
| Austria | 0.2 | 52.6 | 53.1 | 70.6 | 606.7% |
| Czech Republic | 6.6 | 15.0 | 18.8 | 31.0 | 67.5% |
| United Kingdom | 1.0 | 1.1 | 11.1 | 28.8 | 206.5% |
| United Arab Emirates | 7.9 | 5.4 | 21.4 | 19.8 | 35.8% |
| Saudi Arabia | 6.4 | 6.1 | 6.1 | 11.5 | 21.6% |
| Spain | 0.2 | 0.8 | 2.6 | 10.4 | 273.3% |
| India | 0.4 | 4.1 | 279 | 2.3 | 79.2% |
| Italy | 35.4 | 45.3 | 21.6 | 2.2 | -60.4% |
| Turkey | 1.3 | 2.7 | 3.0 | 1.6 | 7.2% |
| Others | 38.4 | 56.7 | 40.1 | 50.7 | 9.7% |
| Total | 177 | 338 | 557 | 404 | 31.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Jordan in 2022:
- China (81.3 tons)
- Saudi Arabia (15.9 tons)
- Austria (6.2 tons)
- Czech Republic (2.7 tons)
- Spain (2.6 tons)
- United Arab Emirates (2.5 tons)
- United Kingdom (2.1 tons)
- Turkey (1.8 tons)
- India (0.3 tons)
- Italy (0.2 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan
In 2022, after two years of decline, there was significant growth in shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels, when their volume increased by 365% to 1.2 tons. In general, exports, however, recorded a precipitous contraction.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $34K in 2022. Overall, exports, however, continue to indicate a deep slump.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 22.0 | 15.6 | 2.5 | 21.5 | -0.8% |
| United States | N/A | N/A | N/A | 10.0 | 0% |
| United Arab Emirates | 3.1 | 1.5 | 0.1 | 1.5 | -21.5% |
| Free Zones | 17.6 | 5.8 | 0.4 | 0.9 | -62.9% |
| Qatar | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Total | 43.0 | 23.1 | 3.1 | 34.1 | -7.4% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Jordan in 2022:
- Saudi Arabia (954.0 kg)
- United Arab Emirates (96.0 kg)
- United States (96.0 kg)
- Free Zones (33.0 kg)
- Qatar (25.0 kg)
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